HDFC Corporate Bond Fund -Direct Plan - Growth Option - Regular - Latest NAV [ ₹25.7561 ], Returns, Performance, Portfolio & Returns 2021

HDFC Corporate Bond Fund -Direct Plan - Growth Option

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Min amount: ₹500

Calculate Returns

20 yrs
₹500 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.39%
3 Years9.4%
1 Year5.4%
6 Months2.99%
Fund Details
RiskModerate Risk
Fund TypeCorporate Bond
Exit Load--

More about this fundstar

Top HoldingsWeightage
6.79% Govt Stock 20273.29%
6.97% Govt Stock 20262.93%
National Bank For Agriculture And Rural Development2.86%
Ultratech Cement Limited2.77%
Bajaj Finance Limited2.74%
State Bank of India2.56%
Housing Development Finance Corporation Limited2.31%
Mangalore Refinery & Petrochemicals Ltd.2.13%
Reliance Industries Limited2.1%

About HDFC Corporate Bond Fund - Direct Plan - Growth

The primary objective of HDFC Corporate Bond Fund is to offer returns in the form of long-term capital appreciation by investing in fixed-income securities that are rated AA+ or above.

Pros and Cons of HDFC Corporate Bond Fund - Direct Plan - Growth

The main advantage of investing in HDFC Corporate Bond Fund is that you get exposure to a debt portfolio which is diversified by including high-rated assets across debt and money markets. The assets of the portfolio of this fund are mostly of the grade AA+ or above. This makes it suitable for risk-averse investors. On the flip side, the returns offered by this fund are not comparable with that of an equity fund during a market high.

Fund Information and Statistics

i) Inception/Launch Date

HDFC Corporate Bond Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

HDFC Corporate Bond Fund has been categorised under ‘moderate risk’ class of mutual funds by HDFC Mutual Fund. However, it is less risky when compared with a hybrid mutual fund.

iii) Redemption

Since HDFC Corporate Bond Fund is an open-ended mutual fund plan, you can withdraw your investment at any time.

iv) Fund Manager

Mr Anupam Joshi is the current fund manager of HDFC Corporate Bond Fund.

v) Entry/Exit Load

There is no entry load as per the norms of the Indian market regulator. There is no exit load as well on HDFC Corporate Bond Fund in order to facilitate higher levels of liquidity.

About HDFC Mutual Fund

HDFC Mutual Fund was constituted in 1999. It is a product of a joint venture between Housing Development Finance Corporation Limited (HDFC) and Standard Life Investments Limited (SLI), who also happen to be the joint sponsors of the fund house. HDFC Trustee Company Limited is the trustee of HDFC Mutual Fund. The assets under management (AUM) of the fund house stood at Rs 3.56 lakh crore as of June 2020.

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Min amount: ₹500

Calculate Returns

20 yrs
₹500 invested monthly becomes
0 in a period of 20 years
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns